1. If you buy a money fund on the Internet platform, the money will arrive immediately after redemption; However, if you buy money funds in banks or securities companies, the funds will arrive after 2-3 trading days.
2. If stock funds are purchased on the Internet platform, they will be redeemed before 3 pm on the same day, and the funds will be received on T+2; If it is redeemed after 3 pm, the funds will arrive in T+3 days. Funds purchased on the Internet platform refer to funds purchased through WeChat, Alipay, Tian Tian Fund Network and Jingdong Finance.
3. If you buy a stock fund purchased in a bank or securities company, the funds will arrive within 4-5 working days. Equity funds refer to some funds related to the stock market, such as index funds, equity funds and hybrid funds.
4. If you buy QDII funds, the funds will arrive in 4-7 trading days.
Redemption place
Sales organizations include fund managers and consignment agencies entrusted by fund managers. capital investment
Investors shall purchase and redeem fund shares in the business premises where the sales organization handles the fund sales business or in other ways provided by the sales organization.
monetary limitation
1. If the redemption causes the fund share balance held by the fund share holder to be less than 1000, all the fund shares in the balance must be redeemed together.
2. The fund manager may, according to the market situation and with the permission of laws and regulations, adjust the above-mentioned quantitative restrictions on the subscription amount and redemption share. The fund manager must make an announcement on at least one designated media and the fund manager's website before the adjustment takes effect, and report it to the China Securities Regulatory Commission for the record.
Redemption time
The subscription and redemption of the fund shall start within 3 months after the fund contract comes into effect, and the fund manager shall make an announcement on at least one designated media and the fund manager's Internet website (hereinafter referred to as the "website") 2 days before the specific date of subscription and redemption. Fund redemption generally requires two working days for system confirmation and then liquidation. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system.
The general redemption process of open-end funds is: T day is not reported, T+ 1 has been reported, and T+2 has been completed. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system. It is normal to display the uncommitted orders on the submission date (T date). Even if the order is placed around 2:50, as long as records are found in the entrusted inquiry, it will generally be submitted on the second trading day (T+ 1 day) and completed on the third trading day (T+2). And then after liquidation. Therefore, open-end funds generally take about 4 working days.